2020-8-24 02:17 |
Bitcoin and gold price dropped as the U.S. Dollar Index rallied, leading analysts to speculate whether a strong dollar will slow BTC’s momentum.
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Bitcoin has been under pressure over the past three days after peaking at $12,500 earlier this week. Some argue that the retracement is purely based on technicals. But if you check the charts, there seems to be an evident inverse correlation between the value of the U.
2020-8-22 11:00 | |
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Bitcoin has done extremely well over the past few weeks. Since the start of July, the leading cryptocurrency has gained approximately 30% against the dollar, outperforming a majority of other macro assets.
2020-8-16 03:00 | |
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Chainlink (LINK) is exploding higher once again. In the past 24 hours, the leading altcoin has surged 12. 33% against the U. S. dollar, outperforming Bitcoin’s 0. 5% performance. At the $19.
2020-8-16 23:00 | |
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The dollar has been in sharp decline. Analysts are calling for the global reserve to lose its crown to the likes of Bitcoin or the yuan. Sentiment has reached substantial lows. However, when dollar sentiment fell this low in the past, it often triggered a strong reversal in the currency. Such a reversal, if it […]
2020-8-8 00:00 | |
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Coinspeaker Goldman Sachs: Gold to Reach $2,300 by 2022 and Replace Dollar as Reserve CurrencyAs Goldman Sachs analysts have explained, one of the main factors to foster gold price's further rise is concern over the US dollar's global standing as a reserve currency.
2020-8-3 13:59 | |
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Last week, analysts thought XRP was on the verge of a massive breakout. Against the dollar and against Bitcoin, the leading altcoin saw an explosive breakout that reminded some of the start of the infamous 2017/2018 pump.
2020-8-3 13:00 | |
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Ahead of the United States’ second round of economic stimulus, gold and Bitcoin exploded as the dollar fell. According to financial analysts, after setting a new record the gold rally may be peaking, leaving room for the cryptocurrency market to catch up to precious metals.
2020-7-30 04:00 | |
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The growing debt crisis in the U. S. amid the Covid-19 crisis could damage the dollar’s global reserve status. Analysts at Goldman Sachs expressed concern that the burgeoning liquidity and mounting debt could have dramatic ramifications for the world’s largest economy.
2020-7-29 21:21 | |
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One of the best-performing crypto assets over the past month has been Chainlink (LINK). From the March lows to the recent highs, the asset has rallied approximately 500% against the U. S. dollar.
2020-7-25 04:00 | |
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For the longest time, Bitcoin was seen as an asset that is independent of the movements of traditional markets. But, the pandemic struck. It has dramatically altered the state of the global economy, with analysts now arguing that BTC’s directionality is dependent on certain markets.
2020-7-18 04:49 | |
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The US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “death cross,” a bearish technical formation suggesting that a period of dollar weakness is coming.
2020-7-9 22:15 | |
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According to JP Morgan Chase & Co., if the idea of central bank digital currencies (CBDC) gains traction, the US can risk losing its geopolitical power. “There is no country with more to lose from the disruptive potential of digital currency than the United States,” wrote analysts including Josh Younger, head of U.S. interest-rate derivatives […]
2020-5-24 21:24 | |
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While many Bitcoin investors want the value of the U. S. dollar (USD) to crash more than anything in the world, right now, this is not the case. In fact, analysts say that the safe-haven dollar is poised to strengthen as the ongoing recession continues to ravage global markets.
2020-5-7 19:00 | |
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During the last few days, people witnessed history when the price of crude oil dropped below zero to -$40 per barrel, and as time passes many analysts think the worst is yet to come. After West Texas Intermediate (WTI) oil-based contracts dried up for May, contracts for June collapsed by 45%.
2020-4-24 20:25 | |
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Expectations of a dollar drop are rising, with analysts claiming its meteoric rise is unsustainable amid huge Federal Reserve stimulus and other pressures. The post Predictions for a U. S.
2020-4-22 18:37 | |
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In spite of a strong start to the year, March has left most markets badly shaken due mostly to the Coronavirus outbreak. Notable exceptions are safe-haven assets such as gold and US Treasuries, as well as the price of the dollar.
2020-4-8 01:10 | |
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Bitcoin may be primed to take off as analysts suggest that the dollar is about to lose its strength. A weaker dollar would be a positive sign for risk-assets like...The post Could Bitcoin Benefit from a Weaker U.S. Dollar? appeared first on Crypto Briefing.
2020-4-1 11:30 | |
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A Chinese multi-billion dollar scam known as PlusToken is moving their holdings of Bitcoin once again. In 2019, when the price of BTC dropped to the $6,000s, analysts attributed the fall to the dumping of funds by the fraud.
2020-2-11 14:50 | |
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Since hitting $6,800 over a week ago, Bitcoin (BTC) has exploded higher, registering massive gains against the U. S. dollar as bulls have made their presence known in this new year. At the recent rally’s peak, the price of the leading cryptocurrency was $8,450, up some 25% from the bottom.
2020-1-12 13:05 | |
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The Dow Jones rallied on Friday as Boeing (NYSE: BA) stock firmed and the euro rose, crushing the US dollar as bullish 2020 forecasts swirl. The post Dow Rallies as Analysts Predict Rough 2020 For The U.S. Dollar appeared first on CCN.com
2019-12-29 23:07 | |
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Misir Mahmudov is the author and operations associate for a crypto hedge fund called Adaptive Capital. As the US dollar loses its real-world value, Bitcoin price models may become useless. Bitcoin arose as a result of a massive financial crisis, and it has become a growing industry since then.
2019-11-28 00:44 | |
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The systemic risks posed by U.S. dollar domination of global foreign currency reserves could be tempered by stablecoin issuance, analysts argue in a new piece for the WEF
2019-11-27 11:10 | |
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A short term trend reversal for bitcoin has become increasingly unlikely for bitcoin following a 5% drop in less than three days. Since October 1, the bitcoin price has fallen from $8,532 to $8,100 against the U.
2019-10-4 12:13 | |
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The bitcoin price (BTC) has dropped from $10,050 to $8,000 in the past week by nearly $2,000 against the US dollar, leading traders to anticipate a larger pullback to lower support levels. According to traders and technical analysts like Josh Rager, the bitcoin price could drop to as low as $6,300 in the short term […] The post How Low Could Bitcoin Price Fall in This Pullback? Analysts Say $6,300 appeared first on CCN.com
2019-9-30 08:00 | |
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Today’s massive bitcoin price crash was largely expected by analysts. The bearish descending triangle formation was bound to break out to the downside so it has been no real surprise. What the move has revealed however is huge price discrepancies between various crypto exchanges.
2019-9-25 11:00 | |
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The bitcoin price dropped from $10,968 to $10,252 over the weekend within a two-day span by more than six percent against the U.S. dollar. Previously, when the bitcoin price initially made its way to $10,900, a level that has been considered to be a heavy line of resistance since early August, some technical analysts expected […] The post Bitcoin Price Retraces 6% in Spiralling Weekend Dump appeared first on CCN.com
2019-9-9 16:07 | |
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Since September 2, within four days, the bitcoin price has recovered from $9,500 to $10,700, rising by well over 10 percent against the U. S. dollar. As bitcoin stabilizes above an important resistance level at $10,000, technical analysts anticipate the asset to establish a basis for the next rally.
2019-9-6 14:27 | |
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Overnight, the bitcoin price recovered beyond $10,000, achieving $10,172 at the day’s highest point against the U. S. dollar. Technical analysts have said that bears and sellers in the market may be losing momentum as bitcoin nears its monthly support.
2019-8-1 15:47 | |
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Within a week, from June 26 to July 2, the bitcoin price fell from $13,868 to $9,651, recording a 30 percent pullback against the U.S. dollar. Technical analysts have expressed optimism towards the swift recovery of bitcoin from a large pullback as the dominant crypto asset has shown a change in trend within a short […] The post Bitcoin Price Recovers 20% to Break $11,000; Pullback Done, Huge Rally Next? appeared first on CCN Markets
2019-7-3 11:33 | |
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Bitcoin’s spectacular surge has been the talk of the town, with many analysts and researchers expecting the cryptocurrency to climb to even greater all-time highs. According to a recent analysis, the real reason for Bitcoin’s climb can be attributed to cryptocurrency traders and maturing market fundamentals, and not the introduction of Facebook’s cryptocurrency, Libra.
2019-6-26 22:30 | |
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The world is still processing the specifics of Facebook‘s Libra digital currency, but even the Reserve Bank of Australia (RBA) has realized it’s set to rub cryptocurrency purists the wrong way.
2019-6-20 12:38 | |
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The price of Bitcoin surged from $7,000 to $9,275, up more than 20 percent against the U. S. dollar, within a seven-day span between June 11 and 18. Analysts from JPMorgan attribute the recent upside movement to rising institutional demand, according to a report obtained by Zerohedge.
2019-6-18 04:55 | |
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By CCN Markets: In the past four days, the bitcoin price has increased from $7,630 to $8,240 by nearly eight percent against the U. S. dollar as other major crypto assets such as Ethereum and Litecoin recorded large gains.
2019-6-14 12:53 | |
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By CCN Markets: In the past 24 hours, the bitcoin price has dropped from $7,900 to around $7,500 by more than five percent against the U. S. dollar in a minor pullback in the crypto market. Within the last seven days, the bitcoin price has fallen by over ten percent, which has led technical analysts in the crypto market to ponder about the possibility of an extended pullback despite the market’s positive macro landscape.
2019-6-10 09:33 | |
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By CCN Markets: Since achieving a new 2019 high at above $9,000 at most major crypto exchanges, the bitcoin price has dropped to around $7,900 by more than 12 percent against the U. S. dollar.
2019-6-9 12:02 | |
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By CCN: In the past several hours, the bitcoin price has dropped from around $8,500 to $7,732, by nearly 14% against the U. S. dollar. A pullback for bitcoin was generally anticipated by technical analysts following its 130 percent year-to-date gain.
2019-6-4 09:05 | |
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Bitcoin price came off its more than 12-month high to drop 2 percent May 29 but traders and analysts alike are proving the BTC bull-run is anything but over. BTC FOMO Signs Pervade Markets Data from cryptocurrency exchange Bitstamp showed Bitcoin circling $8540 Wednesday, having reached as high as $8908 earlier in the week.
2019-5-29 14:30 | |
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By CCN: Overnight, in merely minutes, the bitcoin price climbed from $8,000 to $8,600, unexpectedly recording a 7. 4% increase on the day. Prior to the run of bitcoin, technical analysts generally anticipated the dominant cryptocurrency to see a pullback following its 100% year-to-date gain against the U.
2019-5-27 02:00 | |
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By CCN: In the last 24 hours, the bitcoin price has dropped by around four percent against the U. S. dollar, leading major crypto assets such as ethereum, bitcoin cash, and XRP to drop by more than seven percent.
2019-5-23 11:36 | |
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By CCN: The bitcoin price has surged by seven percent in the past several hours from $7,300 to around $8,000 in major markets including the U. S. , demonstrating a strong recovery from its abrupt drop to $6,400.
2019-5-19 10:13 | |
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Coinspeaker Bitcoin Price Jumps to $7,500 Proving the Only Way Is UpBitcoin price rallied significantly above $6,800 and $7,000 against the US Dollar. BTC seems to be following a nasty uptrend and analysts claim that it could even test $7,800 or $8,000 in the coming sessions.
2019-5-12 13:34 | |
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By CCN: According to prominent technical analysts including Peter Brandt and DonAlt, the bitcoin price is facing strong resistance at around $6,000 and is vulnerable to a correction in the short-term.
2019-5-6 21:30 | |
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Nintendo is preparing to offer up its next mobile game, and rumor has it the company is hoping this one will be a gold mine. Given the franchise it’s from — and what Nintendo has done adapting its less well-known series — it probably will be.
2019-4-25 20:11 | |
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The cryptocurrency market underwent a minor bull run recently which collectively improved some of the major coins’ valuation. Bitcoin [BTC] was one of them, and the cryptosphere has been very optimistic about the coin’s future in the industry.
2019-4-23 00:30 | |
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The market cap of Bitcoin at its highest level was about $330 million dollars and now currently sits at $94 million dollars. However, there are many crypto analysts who think Bitcoin has the capacity to go over the 1 Trillion dollar mark in the near future.
2019-4-21 18:21 | |
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According to Peter Brandt, an experienced and widely recognized technical analyst, major crypto assets such as bitcoin has recovered by more than 75 percent since 2018 lows. Relative strength among major macro caps since Dec 2018 low pic.
2019-4-15 13:01 | |
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Following sanctions imposed on Russia, Putin is supporting a mass gold stockpile expansion and a sale of U. S. debt holdings. With a trade war blazing, and sanctions laid across countries to force North Korea and its associates into submission, what happens to other economies? Countries like Russia are using this opportunity to step away from America’s mounting debt.
2019-3-22 23:00 | |
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Throughout the past week, the bitcoin price has increased from $3,901 to $4,048, by nearly 4 percent against the U. S. dollar. The relatively strong short-term performance of bitcoin led alternative cryptocurrencies to engage in large upside price movements, allowing the valuation of the crypto market to rise by about $7 billion.
2019-3-21 20:35 | |
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In the past 24 hours, the Ethereum price has increased from $124 to $141 by 13 percent against the U. S. dollar. Analysts foresee a strong short-term recovery ahead as the crypto market shows momentum.
2019-2-18 10:16 | |
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MicroStrategy stock has popped more than 6% in pre-market trading as cryptocurrencies see gains amid Bitcoin’s surge to a new all-time high. The MicroStrategy shares’ price is also rising as the market reacts to news that the leading corporate holder…
Chairman of the South Korean Stock Exchange, Jeong Eun-bo, believes the nation should act quickly in institutionalizing the crypto market or risk falling behind other countries. In an interview with South Korean media outlet Maeil Kyungjae, Eun-bo argued the crypto…
Valour Inc. has introduced 20 new digital asset exchange-traded products on Sweden’s Spotlight Stock Market. This represents the largest single-day launch in the company’s history, increasing its total ETP offerings to over 60 across European exchanges, according to a company…
MicroStrategy is currently in a critical juncture, as it is in the process of integrating into the Nasdaq 100 index. It is anticipated that the decision will be officially announced on December 13 and will be implemented on December 23.
With Bitcoin briefly surpassing $100,000 and the S&P 500 posting its best year since 2019, Bank of America’s strategist warns of a potential market overshoot. U.S. stocks and cryptocurrencies are showing signs of overheating, with Bank of America Corp.’s Michael…
Metaplanet is set to distribute Bitcoin to shareholders through a lottery system, aimed at incentivizing participation in its new initiative with SBI VC Trade. Tokyo-listed firm Metaplanet has unveiled a new shareholder benefit program, offering Bitcoin (BTC) rewards through a…
German insurance behemoth Allianz Insurance purchases nearly 25% of MicroStrategy’s convertible note offerings valid until 2031. Europe’s second largest insurance company now holds a quarter of MicroStrategy’s bonds from their previous convertible note sales. The notes held by Allianz are…